Enjoy complimentary customisation on priority with our Enterprise License!
The metal detector market size is forecast to increase by USD 267.6 million at a CAGR of 5.2% between 2023 and 2028. The market is experiencing growth driven by several key factors. Technological innovations in metal detectors and threat detection systems are playing a significant role, with advancements enhancing detection accuracy, sensitivity, and usability. Moreover, the rising adoption of treasure mining as a hobby is fueling demand for metal detectors among enthusiasts seeking valuable finds and historical artifacts. Additionally, the market is benefiting from the rise in infrastructural projects worldwide, where metal detectors are essential for detecting buried utilities, ensuring safety and efficiency. Metal detectors are electronic instruments designed to detect the presence of metal or metal powders nearby, functioning by transmitting a magnetic field and analyzing return signals from targets and the environment. These devices play a crucial role in various applications, including security screening, industrial manufacturing, and archaeological exploration. As technological advancements continue and demand grows across diverse sectors, the market is set for sustained expansion and innovation.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.